spot market


spot market
Market for the purchase or sale of financial instruments, commodities, or other assets for cash settlement and immediate, as opposed to future, delivery.
Also called the cash market. American Banker Glossary
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The market in which cash transactions occur — commodities (cattle, currencies, stocks, etc.) are bought and sold for cash and delivered immediately. Chicago Mercantile Exchange Glossary

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spot market spot market market1

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   A market whose trades deliver and settle immediately (normally two working days after the trade). Also known as cash market and physical market.

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spot market UK US noun [C] (also cash market, also spot cash market)
FINANCE, MONEY a market for currencies or commodities in which they are sold and given to the buyer immediately, rather than being sold forward (= to be taken on a future date): »

Crude oil prices fell to just over $26 a barrel yesterday on New York's spot markets.

Compare FUTURES MARKET(Cf. ↑futures market)

Financial and business terms. 2012.

Look at other dictionaries:

  • spot market — USA A commodities or securities market in which goods are sold under a purchase order or contract at the price prevailing at the time of the sale and delivered immediately. The purchaser is not obligated to acquire any additional goods or… …   Law dictionary

  • Spot market — The spot market or cash market is a commodities or securities market in which goods are sold for cash and delivered immediately. Contracts bought and sold on these markets are immediately effective. Spot markets can operate wherever the… …   Wikipedia

  • Spot Market — 1. A commodities or securities market in which goods are sold for cash and delivered immediately. Contracts bought and sold on these markets are immediately effective. 2. A futures transaction for which commodities can be reasonably expected to… …   Investment dictionary

  • spot market — noun a market in which a commodity is bought or sold for immediate delivery or delivery in the very near future • Hypernyms: ↑commodity exchange, ↑commodities exchange, ↑commodities market * * * a market in which commodities, as grain, gold, or… …   Useful english dictionary

  • spot market — n. the open market where deals are made on the spot. (Securities markets.) □ Oil reached nearly twenty five dollars a barrel on the spot market. □ Gold prices on the spot market finally reached $600 per ounce and then promptly collapsed …   Dictionary of American slang and colloquial expressions

  • spot market — noun A market in which commodities are bought and sold for immediate delivery. Delivery usually takes place in the same or next business day. The price on the futures market depends in part on the price on the spot market. See Also: on the spot …   Wiktionary

  • spot market — /ˈspɒt makət/ (say spot mahkuht) noun a market, especially the foreign exchange market, in which settlement is immediate. Also, cash market, physical market …   Australian English dictionary

  • spot market — / spɒt ˌmɑ:kɪt/ noun the market for buying oil for immediate delivery ▪▪▪ ‘…with most of the world’s oil now traded on spot markets, Opec’s official prices are much less significant than they once were’ [Economist] …   Marketing dictionary in english

  • spot market — / spɒt ˌmɑ:kɪt/ noun the market for buying oil for immediate delivery ▪▪▪ ‘…with most of the world’s oil now traded on spot markets, Opec’s official prices are much less significant than they once were’ [Economist] …   Dictionary of banking and finance

  • spot market — a market in which commodities, as grain, gold, or crude oil, are dealt in for cash and immediate delivery (distinguished from futures market). [1935 40] * * * …   Universalium


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